Tehran's Passage Permits for Hormuz 'Too Late' Amid Safe Oil Shipments
Iraqi economic expert Ziyad Al-Hashemi stated that international crude buyers have successfully adapted to regional security risks and secured safe passage for oil shipments through the Strait of Hormuz, making Tehran's recent exceptional passage permits redundant.
According to Al-Hashemi's analysis, maritime tracking indicators show that commercial operators had already adjusted their routes days before official Iranian clearances were publicized. He described Tehran's formal approval as a late public-relations gesture aimed at courting the Iraqi public rather than a decisive logistical breakthrough.
The data from Vortexa confirms that seaborne crude volumes traversing the Strait of Hormuz averaged between 1 million and 2 million barrels per day over the past 10 days, primarily originating from Iraq and Saudi Arabia. Adding daily crude and fuel consignments from Kuwait and the United Arab Emirates, total maritime throughput across the waterway reached approximately 3 million bpd.